Tag: Compensation

Health system mega-mergers fall short amid cost, quality concerns

Editor's Note Chasing size through mega-mergers no longer guarantees sustainability for health systems, according to an April 15 article in HealthLeaders. Many of the nation’s largest systems are reporting significant losses, while emerging evidence links consolidation to stagnant or declining care quality and worsening workforce challenges. The article highlights financial…

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By: Matt Danford
April 15, 2025
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Hospital staffing report: Nurse turnover eases but vacancies, costs remain high

Editor's Note Hospitals made strides in reducing nurse turnover in 2024, yet staffing gaps and financial pressures remain significant, according to the 2025 NSI National Health Care Retention & RN Staffing Report. Key findings include: The national registered nurse (RN) turnover rate declined by 2.0 percentage points to 16.4%, marking…

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By: Matt Danford
April 14, 2025
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Scrubs to startups: Nurse entrepreneurship requires balancing passion, leadership, innovation

Leadership and business skills are deeply intertwined—to some, that makes nurse-led ventures a sort of natural fit. The long-standing trend has been nurses becoming entrepreneurs after retirement, but that is changing. Today, more nurses are exploring entrepreneurship while maintaining their clinical roles, a shift that is reshaping traditional career pathways.…

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By: Tarsilla Moura
April 10, 2025
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OR Manager 2025 Career/Salary Survey offers opportunities to learn, give back

Editor's Note Diving deep into compensation trends, responsibilities, retirement planning, staffing, and more, OR Manager’s annual Career/Salary Survey is the best place to obtain insight about your peers job satisfaction and greatest challenges. However, we need your help to continue providing these insights—and we’re offering incentive beyond the knowledge that…

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By: Matt Danford
April 2, 2025
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Rethinking life after 65: A three-pillar approach to retirement planning

Editor's Note With several major gatherings planned for this spring—including those from AORN, AONL, ASCA, and ASPAN—a bustling events season offers perioperative leaders valuable opportunities for reflection on our careers and futures. Speaking of futures, the 2024 OR Manager Salary/Career Survey revealed an intriguing shift: only 9% of perioperative nurses…

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By: Rosemary Welde, RN, MBA, BCC
March 5, 2025
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Providence Health strike ends with wage increases, staffing changes

Editor's Note Nearly 5,000 healthcare workers at Providence Health in Oregon secured substantial wage increases and improved staffing plans, ending a historic six-week strike that began January 10, according to a February 25 article in MedPage Today. According to the article, the strike involved eight RN bargaining units and marked…

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By: Matt Danford
February 26, 2025
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Cigna ties executive pay to patient experience

Editor's Note As part of a larger initiative to ease access to care, insurance giant Cigna is tying compensation for senior leadership directly to customer satisfaction. Modern Healthcare reported the news February 3. The shift is part of a multi-pronged approach that also includes overhauling prior authorization requirements and limiting…

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By: Matt Danford
February 4, 2025
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The anesthesia staffing crisis: How we got here, what hospitals can do

Takeaways • Documentation and coding procedures are rife with opportunity for cost savings. • Passed in 2022, the No Surprises Act is designed to protect insured patients from surprise billing for emergency services from out-of-network providers. However, the result has been nearly 40% cuts in reimbursements to anesthesiologists. • OR…

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By: Brita Belli
November 20, 2024
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Perianesthesia certification protects patients, promotes retention

Although certification can be a career accelerator for any nurse, perioperative nurses in particular appear to be getting the message. Consider the most recent data from the American Board of Perianesthesia Nursing Certification, Inc (ABPANC), which offers the Magnet-recognized Certified Postanesthesia Nurse (CPAN) and Certified Ambulatory Perianesthesia Nurse (CAPA) credentials.…

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By: Judy Huntley, CMP
November 20, 2024
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Survey: Pay increases continue for healthcare executives

Editor's Note Base salaries for healthcare executives rose by a median of 4.6%, according to the 2024 Health Care Management and Executive Compensation Survey from consulting firm SullivanCotter. Published October 17 on Business Wire, the survey includes data from nearly 3,300 organizations and 45,000 leaders. According to an October 17…

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By: Matt Danford
October 23, 2024
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